Page 5 - HCL Technologies Ltd News
AI scare triggers worst FII fortnightly exit from IT stocks since July 2025
The correction in the tech pack has been driven by mounting concerns among investors over the potential impact of AI on the sector's growth outlook
 "AI scare triggers worst FII fortnightly exit from IT stocks since July 2025")
Nifty IT index tanks 10% in 2 days; TCS, Infy, Wipro slump to 52-week lows
The Nasdaq IT services basket has corrected meaningfully, dragging Indian IT ADRs lower and triggering a risk-off sentiment that has spilled into domestic markets, said ICICI Securities.
 "Nifty IT index tanks 10% in 2 days; TCS, Infy, Wipro slump to 52-week lows")
Infosys, Wipro ADRs slump up to 10% as global tech selloff persists
Over the past two trading sessions, the Nifty IT index has declined 7 per cent, while losses over the last seven trading days stand at 14 per cent
 "Infosys, Wipro ADRs slump up to 10% as global tech selloff persists")
Tech Mahindra, Infy among top analyst picks as IT stocks continue to slide
Analysts at Geojit Investments and Choice Broking are bullish on Tech Mahindra stock, and view the current fall as a correction rather than trend reversal.
 "Tech Mahindra, Infy among top analyst picks as IT stocks continue to slide")
Nifty IT index tumbles over 4%; TCS, Wipro, Cyient, Hexaware hit 52-wk lows
TCS, Wipro, Infosys, Coforge, Tech Mahindra, Persistent Systems, HCL Technologies, LTIMindtree and Mphasis were down in the range of 4 per cent to 5 per cent in intra-day trade on Thursday.
 "Nifty IT index tumbles over 4%; TCS, Wipro, Cyient, Hexaware hit 52-wk lows")